Zero Hedge: Portugal’s Debts Are (Also) Unsustainable
byPortugal’s Debts Are (Also) Unsustainable Everyone seems to be focusing on Greece these days – a country so indebted that it needs even more loans…
Economics
David Stockman: Take Cover——Wall Street Is Breaking Out The Bubblies
bySource: http://davidstockmanscontracorner.com/take-cover-wall-street-is-breaking-out-the-bubblies/ Let’s see. Google’s record market cap gain on Friday was actually a squeaker. At $66.9 billion it easily passed in one day the entire $50 billion market cap…
Investing in the right place
by“That men do not learn very much from the lessons of history is the most important of all the lessons of history.” – Aldous…
Doug Noland: Credit Bubble Bulletin
byI’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of…
Doug Casey: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse
bySource: Most of the World’s Banks – LewRockwell.com You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking…
An “Austrian” Economist’s Advice For Greece And The EU
byFor months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words,…
Rigged
by“One woman, who declined to give her name but said she is almost 80, invested RMB 20,000 ($3,200) when the market was at 5,000…
We Will All Go Down Together
bySource: http://truesinews.com/2015/07/09/we-will-all-go-down-together/ When we last wrote, some brave analyst at a Chinese brokerage was making headlines by talking of there being at least another…
Bull in a China shock
by“No warning can save people determined to grow suddenly rich.” – Lord Overstone. History, wrote John W. Campbell Jr., doesn’t always repeat itself. Sometimes…
Timeo Danaos (et Romanos)
byIt is now largely overlooked, but the 19th century had its own precursor to EMU in the shape of the Latin Monetary Union, set…